Our mission is to help you obtain financial freedom. Checkout Our Youtube Channel Checkout Our Youtube Channel
Blog

MARKET RECAP – JUNE 2, 2023

Written By: Jenny Galeano Gamboa

June 2, 2023

STOCK MARKET

Dow Jones ended at $33,762.76 (+2.12%)

S&P 500 ended at $4,282.37 (+1.45%)

Nasdaq Composite ended at $13,240.77 (+1.07%)

The stock market ended the week with substantial gains across all major indexes in response to the strong jobs report and the successful legislation to increase the debt ceiling. As a result, the Dow Jones Industrial Average and the S&P 500 increased significantly, while the Nasdaq Composite marked its sixth consecutive week of success, reaching its highest level since April 2022.

CRYPTO MARKET

Bitcoin rose by 1.56% with a value of $27,245.00 as of 3:00 PM CST, as stated by Coin Metrics.

0 Comments
Inline Feedbacks
View all comments

More ClearValue Insights

Default Thumbnail

MARKET RECAP- DECEMBER 11, 2024

STOCK MARKET Dow Jones ended at $44,158.56 (-0.22%) S&P 500 ended at $6,084.19 (+0.82%) Nasdaq Composite ended at $20,034.89 (+1.77%) The stock market witnessed mixed performances, with the S&P 500 and Nasdaq Composite recovering from the losses both indexes experienced in the last two trading sessions, while the Dow Jones Industrial Average continued to decrease. […]

Read More
Default Thumbnail

DECEMBER 11, 2024

PRICE HIKES In November, consumer prices increased at a faster rate, with an annual inflation rate of 2.7%. This rise was in line with expectations and signals ongoing concerns about inflation for households and policymakers. Moreover, excluding food and energy costs, core CPI stood at 3.3% annually. As of now, expectations remain optimistic that the […]

Read More
Default Thumbnail

MARKET RECAP – DECEMBER 10, 2024

STOCK MARKET Dow Jones ended at $44,247.83 (-0.35%) S&P 500 ended at $6,034.91 (-0.30%) Nasdaq Composite ended at $19,687.24 (-0.25%) The stock market witnessed losses for a second consecutive trading session primarily due to traders digesting a year-end rally to record levels and awaiting new U.S. inflation data set for release. Additionally, as Oracle shares […]

Read More
Default Thumbnail

MARKET RECAP- DECEMBER 11, 2024

STOCK MARKET Dow Jones ended at $44,158.56 (-0.22%) S&P 500 ended at $6,084.19 (+0.82%) Nasdaq Composite ended at $20,034.89 (+1.77%) The stock market witnessed mixed performances, with the S&P 500 and Nasdaq Composite recovering from the losses both indexes experienced in the last two trading sessions, while the Dow Jones Industrial Average continued to decrease. […]

Read More
Default Thumbnail

DECEMBER 11, 2024

PRICE HIKES In November, consumer prices increased at a faster rate, with an annual inflation rate of 2.7%. This rise was in line with expectations and signals ongoing concerns about inflation for households and policymakers. Moreover, excluding food and energy costs, core CPI stood at 3.3% annually. As of now, expectations remain optimistic that the […]

Read More
Default Thumbnail

MARKET RECAP – DECEMBER 10, 2024

STOCK MARKET Dow Jones ended at $44,247.83 (-0.35%) S&P 500 ended at $6,034.91 (-0.30%) Nasdaq Composite ended at $19,687.24 (-0.25%) The stock market witnessed losses for a second consecutive trading session primarily due to traders digesting a year-end rally to record levels and awaiting new U.S. inflation data set for release. Additionally, as Oracle shares […]

Read More